Company Registration No. 06860448 (England and Wales)
HADLEY CONSOLIDATED LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2015
HADLEY CONSOLIDATED LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
HADLEY CONSOLIDATED LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 DECEMBER 2015
31 December 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Investments
2
1,405
1,405
Current assets
Debtors
611,224
760,638
Cash at bank and in hand
30,992
3,800
642,216
764,438
Creditors: amounts falling due within one year
(1,470,353)
(1,421,587)
Net current liabilities
(828,137)
(657,149)
Total assets less current liabilities
(826,732)
(655,744)
Capital and reserves
Called up share capital
3
1,000
1,000
Profit and loss account
(827,732)
(656,744)
Shareholders' funds
(826,732)
(655,744)
For the financial year ended 31 December 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 29 September 2016
A C Portlock
Director
Company Registration No. 06860448
HADLEY CONSOLIDATED LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.3
Investments
Fixed asset investments are stated at cost less provision for diminution in value.
1.4
Group accounts
The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertakings comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 398 of the Companies Act 2006 not to prepare group accounts.
2
Fixed assets
Investments
£
Cost
At 1 January 2015 & at 31 December 2015
1,405
At 31 December 2014
1,405
Holdings of more than 20%
The company holds more than 20% of the share capital of the following companies:
Company
Country of registration or
Shares held
incorporation
Class
%
Subsidiary undertakings
PCS 1 Limited
England and Wales
Ordinary
100.00
Highbond Properties Limited
England and Wales
Ordinary
100.00
Participating interests
Hadley Mace Holdings Limited
England and Wales
Ordinary
50.00
Hadley Mace Limited
England and Wales
Ordinary
50.00
Jemwood Properties Limited
England and Wales
Ordinary
50.00
Hadley Property Group Limited
England and Wales
Ordinary
40.00
HADLEY CONSOLIDATED LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2015
2
Fixed assets
(Continued)
- 3 -
The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:
Capital and reserves
Profit/(loss) for the year
2015
2015
Principal activity
£
£
PCS 1 Limited
Property development
(134,129)
(39,589)
Highbond Properties Limited
Property rental
(46,661)
(39,589)
Hadley Mace Holdings Limited
Dormant
-
-
Hadley Mace Limited
Property development
(13,727)
(2,000)
Jemwood Properties Limited
Property development
16,861
1,909
Hadley Property Group Limited
Holding company
(171,621)
(82,684)
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
1,000 Ordinary shares of £1 each
1,000
1,000